BSM1501
Assignment 2 Semester 1 2024 (Solutions)
Question 2
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What is the primary objective of an enterprise?
a.
To make a profit
b.
To achieve market dominance
c.
To expand globally
d.
To achieve customer satisfactio...
Assessment 2
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Question 1
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Match the following concepts to the correct description.
Resale Answer 1
market Manufactured goods are purchased by businesses w ith the sole purpose of reselling them to individuals or other businesses, at a profit.
The
right to
Answer 2
be
protect Consumers’ safety is important, and they should be protected against harmful products.
ed
The
right to Answer 3
be Consumers have the right to complain about poor-quality products or bad service
heard
Consu
Answer 4
mer
market Choose...
Industri
Answer 5
al
market Goods and services are purchased and used for manufacturing products or providing services to end customers.
Question 2
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Question text
What is the primary objective of an enterprise?
a.
To make a profit
b.
To achieve market dominance
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